Watch Below & Get the Inside Scoop!
Vermilion Local School District is asking voters to approve a $47 million, 30-year bond levy on the May 6 ballot. The levy aims to address aging infrastructure, safety concerns, and long-term facility needs within the district. The district held an community informational meeting at Vermilion High School’s library on March 12th at 6pm.
Why the Levy is Needed
At the community informational meeting, CFO/Treasurer Justin Klingshirn outlined the district’s financial challenges, including outdated buildings, rising maintenance costs, and limited state funding. The bond levy would provide funds for critical repairs, renovations, and potential new construction to modernize Vermilion’s schools.
Taxpayer Impact
If passed, the 47 million dollar levy would cost homeowners approximately $137 annually per $100,000 of property valuation. District officials argue that investing in the schools now could prevent higher costs in the future due to worsening facility conditions.
What Happens If It Fails?
If the levy is rejected, the district has confirmed it will appear on the ballot again in November. Without the funding, officials warn that maintenance costs will continue to rise, potentially leading to further financial strain and difficult decisions regarding school facilities.
Community Concerns and Next Steps
The levy proposal has generated discussion among residents, with some questioning the affordability of the tax increase and whether repairs are a better option than new construction. It also may be out of many people’s means to pay especially those on fixed incomes. The district plans to hold public meetings and informational sessions to address concerns and provide further details.
Voters will decide on the levy’s fate on May 6. Residents seeking more information can visit the district’s website or attend an upcoming forum.
This seems incorrect from the images included. Annual cost is 137 for $100,000 property valuation?
Taxpayer Impact
If passed, the 47 million dollar levy would cost homeowners approximately $247 annually per $100,000 of property valuation